INTEL: Progress moves apace for Tivoli Village

INTEL: Progress moves apace for Tivoli Village

Construction of Tivoli’s second phase pictured a year ago. The addition will open in 2015.

By LAURA CARROLLLAS VEGAS BUSINESS PRESS

Tivoli Village’s second phase is gaining traction.

Under construction and scheduled to open March 2015, the second phase will feature more national retailers and less local folks. It also will be less heavy on food and beverage.

Expect a significant number of new-to-market, well-known home furnishing retailers, said Tivoli’s president, Patrick Done.

Ultimately, Tivoli will encompass more than 500,000 square feet when the second phase is finished. About $700 million will have been put into the project when all is said and done.

Tivoli is owned by IDB, a holding company based in Tel Aviv, Israel. The Las Vegas center is part of a subsidiary corporation called PBC.

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If you blinked and all of a sudden are seeing Anestasia Vodka everywhere, you’re not alone.

The newish Bend, Ore.-made brand entered the Las Vegas market with a bang, as it’s sold in almost 30 stores and is available in nightlife venues such as Tao and Lavo.

Created by a woman named Mamontova who hails from a long line of Ukrainian vodka distillers, the brand is carried at a blend of big-name Las Vegas retailers and mom and pop shops.

• • •

MGM Resorts International will probably take a pass on the sponsorship opportunities for the upcoming Sarno Lifetime Achievement Award at this month’s Global Gaming Expo.

Perini Building Co., Vice Chairman Dick Rizzo is being honored with the award, which signifies his contributions to hotel-casino construction across the United States. The award will be given Sept. 23 following G2E’s first full day.

Rizzo oversaw construction of full-scale resorts and expansions at numerous Las Vegas properties, including Caesars Palace, The Cosmopolitan of Las Vegas, the Palms and Paris Las Vegas. He has also worked on casinos in Atlantic City, Indian gaming developments and regional gaming operations.

However, Perini and MGM Resorts are embroiled in a heated construction court case over the structurally unsound Harmon Hotel tower at CityCenter. A trial over who is at fault for the unfinished building’s issues is scheduled for next February. MGM Resorts claims shoddy construction by Perini while Perini said MGM’s architects should be blamed for the building’s design.

That issue probably won’t come up when Rizzo is honored.

• • •

Aria has some new business coming its way.

For the first time, Ticket Summit, a conference and trade show for the live entertainment and ticketing industry, will hold its three-day, 2014 summer conference at Aria. The event will occupy the roughly 38,000-square-foot Ironwood Ballroom for all its industry and keynote sessions, private meetings, networking events and trade show.

Previous Ticket Summit conferences have been held at Bellagio and The Venetian.

“We are very excited to be bringing Ticket Summit to Aria,” said Molly Mérez, the event’s executive director.

The trade show and conferences attract professionals from entities including Billboard, eBay, Facebook, Forbes, Goldman Sachs, Live Nation, Madison Square Garden and Ticketmaster.

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